[cma-l] Esmée Fairbairn Foundation
Richard Hilton
Richard.Hilton at bitc.org.uk
Wed Jul 7 19:49:16 BST 2010
As an indication of how tough it's getting see this link
http://www.civilsociety.co.uk/governance/news/content/6882/downturn_bites_for_endowed_charities
which implies that the Esmée Fairbairn Foundation has suffered a 63% fall in their income in their most recent financial years. 'Released this week, Esmée Fairbairn’s accounts for the year ending 31 December 2009 show a fall in total income of £20.3m to £11.7m, almost entirely due to a big drop in investment income'.
It does add that ' The Foundation maintained its expenditure around the £28m mark'.
Richard Hilton
Business in the Community
Registered Office 137 Shepherdess Walk, London N1 7RQ
Registered Charity No 297716
Company Limited by Guarantee Registered in England and Wales No 1619253
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